LPS Notes That Rp237 Billion Customer Deposit Claims Have Been Disbursed

LPS (Photo: dock. Antara)

The Deposit Insurance Corporation (LPS) reports that it has paid customer deposit claims of IDR 237 billion belonging to 42,248 liquidated bank customers.

Payment of claims for customer deposits is made to customers of 10 People's Economic Banks (BPR) which are liquidated by LPS from January 1 to April 29, 2024.

"Alhamdulillah, so far the process of paying claims for deposits belonging to customers has gone smoothly. The LPS team in the field moved quickly by verifying customer deposits so that on average it would not last up to 7 working days, customer savings began to be paid," said the Secretary of the LPS Institute, Dimas Yuliharto, Tuesday, April 30.

Dimas added that this was done in order to provide peace to the BPR/BPRRS customers, while maintaining the trust of bank customers in general.

Considering that within 4 months, from January to April there were 10 BPR/BPRS whose business license was revoked by the OJK and then liquidated by the LPS.

Based on LPS data as of April 29, 2024, LPS has paid a total savings of 10 BPR/BPR Rp237,179,989,417 with 44,322 accounts and 42,248 customers.

And, here are the 10 BPR/BPRRS data liquidated by LPS:

1. BPR Wijaya Kusuma, Madiun2.BPRS Mojo Artho Mojokerto City, Mojokerto3.BPR Business Madani Karya Mulia, Solo4.BPR Bank Pasar Bhakti, Sidoarjo5.BPR Bank Purworejo, Purworejo6.BPR EDCCash, Tangerang7.BPR North Aceh, Lhokseumawe8.BPR Sembilan Mutiara, Pasaman9.BPR Bali Artha Anugrah, Denpasar10.BPRS Saka Dana Mulia, Kudus

Furthermore, answering questions regarding LPS' financial readiness regarding the number of banks that fell this year, Dimas stated that the fall of the 10 banks had no significant impact on LPS' finances.

"LPS currently still has more than enough funds to guarantee and pay claims of customers' deposits whose banks are closed," he explained.

Just so you know, currently LPS has assets of IDR 224.66 trillion which is expected to continue to grow until the end of this year. LPS's source of funds itself comes from the government's initial capital of IDR 4 trillion, the participation contribution paid when banks become participants, the insurance premium paid by banks every semester of 0.1 percent of Third Party Funds, and the last one is from investment returns.

Dimas revealed that LPS has also and continues to take various preventive steps with the BPR/BPR associations, in this case, Perbarindo, to improve BPR governance through various discussions and workshops so that the closure or revocation of BPR business licenses does not have to occur. As is known, the majority of BPRs are closed due to the lack of governance.

In addition, continued Dimas, LPS also has internal data which is part of the LPS early warning system. So that LPS knows the initial symptoms if there are banks that are in trouble. LPS and OJK coordination is also closely related to monitoring banking conditions both industrially and individually bank.

The number of BPR currently has 1600s. So there are still many BPRs that are healthy and good. This does not mean that the closing of the BPR has damaged the entire BPR name. Many BPRs excel with their various innovations. Customers don't need to worry because all banks in Indonesia are LPS guarantee participants. If a bank is revoked, the LPS business license will guarantee customer deposits," he concluded